Oil and Gas

Quarterly Operations Update for the Period Ended 30 September 2014 Magnolia Petroleum, an AIM quoted US focused oil and gas exploration and production company, has announced a quarterly update on its operations across proven and producing US onshore hydrocarbon formations, including the Bakken/Three Forks Sanish in North Dakota and Montana, and the Mississippi Lime and […]

The share price of Magnolia Petroleum (LSE:MAGP) rose by 4.65% on the London Exchange today on the heels of a highly favorable report for the quarter ended 30 September. Although Magnolia is a long way from being a constituent of the FTSE 100 with a market cap of only £10.25 million, it does appear to be […]

Proposed Dual Listing in Kenya – Circular to Shareholders and Notice of General Meeting Africa Oilfield Logistics Ltd (AIM:AOL), an AIM listed African focussed support services and logistics company, has announce its intention to dual list on the Growth Enterprise Market Segment of the Nairobi Securities Exchange, by way of an introduction and private placing […]

Bahamas Petroleum shares (LSE:BPC) looks very attractive to buyers as a result of the buying pressure in the market. Even if the price gets corrected southwards, it would eventually rally and break more and more supply levels to the upside. Recently, the price has formed a strong base after it experienced a sharp drop. The […]

++BREAKING NEWS++ TransAtlantic Petroleum Ltd. (NYSE-MKT:TAT) (TSX:TNP) has provided an update on the status of its operations in Turkey. The update follows close fighting to hold back of Islamic State on the Syria-Turkey border. In a statement the company said: “While there have been press reports of protests in Diyarbakir and Batman in southeastern Turkey, […]

Oman’s Abraj Energy Service awarded more than $330m in contracts BP Oman has announced the award of two long term drilling contracts for the Khazzan project in Block 61. KCA Deutag has been awarded more than $400 million contracts for the construction and operation of five new build land rigs for Khazzan. The rigs are […]

Also issues Interim Results Northcote (LSE:NCT) has released interim results for the six month period ended 30 June 2014. Overview: · Solid progress made to increase current and long term production profile across US onshore oil and gas portfolio – currently 190.9 BOEPD · Acquisition of Shoats Creek project, completed August 2014 – workovers completed […]

Gulf Keystone stock (LSE:GKP) is still a bear market. The bearish outlook has been strengthened and buyers have often been deceived by false rallies which proved to be bogus signals. The futile bullish attempts have failed to make any significant impact on the market, for the bearish sentiment has overwhelmed the bulls. You cannot make […]

Interim Results for the six months ended 30 June 2014 Rame Energy, an international power generator and engineering company, has provided its interim results for the period ended 30 June 2014. Highlights: · Successful listing on AIM in April 2014 to facilitate the ongoing implementation of the Company’s strategy to become a leading IPP supplying […]

MX Oil, an AIM quoted oil and gas investing company focused on the re-opening Mexican energy sector, has announced interim results for the six month period ended 30 June 2014. Highlights: · Successfully raised £1.05 million to pursue opportunities in the natural resources sector in line with its investment policy, specifically in the vast Mexican […]